What percentage of the capital sum is typically paid for permanent partial disablement?

Prepare for the CII Certificate in Insurance - General Insurance Business exam. Study with multiple choice questions, hints, and detailed explanations. Boost your confidence and ace your test!

The percentage of the capital sum paid for permanent partial disablement is typically variable, depending on the severity of the disablement. This approach recognizes that not all permanent partial disabilities have the same impact on a person's ability to work or live their daily life. Consequently, insurance policies often provide a schedule that assigns specific percentages of the total capital sum to different types and severities of injuries.

For example, a partial loss of a limb might have a designated percentage payout, whereas a less severe injury would correspond to a lower percentage. This nuanced method of compensation ensures that the payout is proportionate to the actual extent of the disablement, thus offering a fairer and more individualized approach to disability claims. The other options, which propose fixed percentages, do not capture the complexity involved in assessing the impact of various types of permanent partial disablement.

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